Overview of Chengicherla, Hyderabad

Location and Amenities

Chengicherla is a locality in Hyderabad, noted for its prime location and secure setting. The area is connected well to various amenities and landmarks, making it an attractive option for both buyers and renters.

Property Types and Prices

Residential Properties

• Flats and Apartments: Available in various configurations such as 2 BHK and 3 BHK flats, with built-up areas ranging from 1325 sq.ft to 1500 sq.ft. Prices start from roughly ₹ 72.75 lakhs for a 3 BHK apartment and ₹ 83.47 lakhs for a 2 BHK apartment.
• Independent Houses: We have options that include 2 BHK to 6+ BHK houses for various budgets and preferences.
• Villas: Luxurious living options are also available.

Plots and Land

• Residential Plots: For sale, sizes range from 150 sq.yd to 500 sq.yd. Prices start from around ₹ 18.9 lakhs for smaller plots and up to ₹ 2 crores for larger ones.

Price Trends

• Starting Price: The starting price of properties is approximately ₹ 3,724 per sq.ft.
• Average Price: The average stands at around ₹ 6,335 per sq.ft.
• Budget Categories: Properties come within many budget categories:
  • Under ₹ 20 lakhs: 14 properties
  • ₹ 20 lakhs to ₹ 50 lakhs: 36 properties
  • ₹ 50 lakhs to ₹ 75 lakhs: 4 properties
  • ₹ 75 lakhs to ₹ 1 crore: 13 properties
  • ₹ 1 crore to ₹ 2 crores: 10 properties.

Rental Options

• Rental Prices: For 2 BHK houses, monthly rents range from ₹ 5,000 to ₹ 9,500, depending on location and amenities.
• Tenant Preferences: Landlords often go for bachelors or families.

Investment Prospects

• Profitability: Buying and selling properties here can be profitable due to current price trends.
• Growth Potential: This prime location and secure environment attract investments for both affordable and luxury properties.

PropertyWala's Conclusion

Chengicherla, Hyderabad, presents a mix of affordability and luxury. With a variety of property types like flats, independent houses, villas, and plots, it suits many budgets and tastes. Its prime location, secure setting, and promising price trends make it attractive for buyers and investors alike. If you're looking to buy or invest, Chengicherla’s potential for growth and profitability should be a big highlight.